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After Yesterday's Rally of 3.31% Shares Could Potentially Pullback

By Nick Russo

Host Hotels & Resorts (NYSE:HST) traded in a range yesterday that spanned from a low of $15.49 to a high of $16.11. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $15.68 on volume of 3.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Host Hotels & Resorts and will alert subscribers who have HST in their portfolio or watchlist when shares have changed trend direction.

Host Hotels & Resorts share prices have moved between a 52-week high of $21.40 and a 52-week low of $12.17 and are now trading 32% above that low price at $16.08 per share. The 200-day and 50-day moving averages have moved 0.61% lower and 0.51% higher over the past week, respectively.

Keywords: rebounders Host Hotels & Resorts

Ticker(s): HST